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De Vries in legal dispute ahead of full F1 debut
Jan.19 Ahead of his first full Formula 1 season, Dutch rookie Nyck de Vries has found himself at the centre of a legal dispute. De Telegraaf newspaper reports that the former Mercedes reserve and Formula E champion borrowed money from real estate mogul Jeroen Schothorst to fund his racing in Formula 2. This week, a case involving accusations that de Vries violated agreements and withheld information went to court, with the judge set to rule by early February. Specifically, Schothorst alleges he loaned EUR 250,000 via his investment company towards de Vries' participation in Formula 1. The supposed terms of the deal involved payment of 3 percent interest per year, plus 50 percent of de...
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2y ago from OneStopStrategy.com
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